STATEMENTS REGARDING OWNERSHIP Sample Clauses
STATEMENTS REGARDING OWNERSHIP. Borrower agrees to submit or cause to be submitted to Lender within thirty (30) days after December 3lst of each calendar year during the term of this Mortgage and ten (10) days after any written request by Lender, a sworn, notarized certificate, signed by an authorized officer of Borrower, stating whether (i) any part of the Property, or any interest in the Property, has been conveyed, transferred, assigned, encumbered, or sold, and if so, to whom; or (ii) any conveyance, transfer, pledge or encumbrance of any interest in Borrower has been made by Borrower and if so, to whom.
STATEMENTS REGARDING OWNERSHIP. Borrower agrees to submit or cause to be submitted to Lender within thirty (30) days after December 3lst of each calendar year during the term of this Mortgage and ten (10) days after any written request by Lender, a sworn, notarized certificate, signed by an authorized (i) individual who is Borrower or one of the individuals comprising Borrower, (ii) member of Borrower, (iii) partner of Borrower or (iv) officer of Borrower, as the case may be, stating whether (x) any part of the Property, or any interest in the Property, has been conveyed, transferred, assigned, encumbered, or sold, and if so, to whom; (y) any conveyance, transfer, pledge or encumbrance of any interest in Borrower has been made by Borrower and if so, to whom; or (z) there has been any change in the individual(s) comprising Borrower or in the partners, members stockholders or beneficiaries of Borrower from those on the Execution Date, and if so, a description of such change or changes.
STATEMENTS REGARDING OWNERSHIP. Grantor agrees to submit or cause to be submitted to Grantee within thirty (30) days after December 3lst of each calendar year during the term of this Deed To Secure Debt and ten (10) days after any written request by Grantee, a sworn, notarized certificate, signed by an authorized (i) individual who is Grantor or one of the individuals comprising Grantor, (ii) member of Grantor, (iii) partner of Grantor or (iv) officer of Grantor, as the case may be, stating whether (x) any part of the Property, or any interest in the Property, has been conveyed, transferred, assigned, encumbered, or sold, and if so, to whom; (y) any conveyance, transfer, pledge or encumbrance of any interest in Grantor has been made by Grantor and if so, to whom; or (z) there has been any change in the individual(s) comprising Grantor or in the partners, members, stockholders or beneficiaries of Grantor from those on the Execution Date, and if so, a description of such change or changes.
STATEMENTS REGARDING OWNERSHIP. From and after the date of the Property Transfer or the Interest Transfer, Borrower agrees to submit or cause to be submitted to Lender within thirty (30) days after December 31st of each calendar year during the term of the Loan and ten (10) days after any written request by Lender, a sworn, notarized certificate, signed and certified to the Certification Parities by an authorized (i) individual who is Borrower or one of the individuals comprising Borrower, (ii) member of Borrower, (iii) partner of Borrower or (iv) officer of Borrower, as the case may be, stating whether (x) any part of the Property, or any interest in the Property, has been conveyed, transferred, assigned, encumbered, or sold, and if so, to whom; (y) any conveyance, transfer, pledge or encumbrance of any interest in Borrower has been made and if so, to whom (excluding transfers of shares in City Office); or (z) there has been any change in the individual(s) comprising Borrower or in the partners, members, shareholders or beneficiaries of Borrower from those on the Execution Date, and if so, a description of such change or changes.
STATEMENTS REGARDING OWNERSHIP. Mortgagor agrees to submit or cause to be submitted to Mortgagee twenty (20) days after any written request by Mortgagee (provided that such request shall not be more frequently than annually unless in connection with a Transfer), a certified statement of Mortgagor signed by an authorized (a) individual who is Mortgagor or one of the individuals comprising Mortgagor, (b) member of Mortgagor, (c) partner of Mortgagor or (d) officer of Mortgagor, as the case may be, stating whether (i) except for (A) Leases made pursuant to the Leasing Guidelines, (B) License Agreements permitted or not prohibited under the terms of the Loan Documents, and (C) Transfers otherwise expressly permitted under the terms of the Loan Documents without Mortgagee’s consent or where Mortgagee’s consent was previously given, any part of the Property, or any interest in the Property, has been conveyed, transferred, assigned, encumbered, or sold, and if so, to whom; or (ii) except as expressly permitted under the terms of the Loan Documents without Mortgagee’s consent or where Mortgagee’s consent was previously given, any conveyance, transfer, pledge or encumbrance of any direct or indirect interest in Mortgagor has been made and if so, to whom.
STATEMENTS REGARDING OWNERSHIP. Trustor agrees to submit or cause to be submitted to Beneficiary within thirty (30) days after December 31st of each calendar year during the term of this Deed of Trust and ten (10) days after any written request by Beneficiary, a certificate, signed by an authorized (i) individual who is Trustor or one of the individuals comprising Trustor, (ii) member of Trustor, (iii) partner of Trustor or (iv) officer of ▇▇▇▇▇▇▇ Properties, Inc., as the case may be, stating whether (x) any part of the Property, or any interest in the Property, has been conveyed, transferred, assigned, encumbered, or sold after the date of the previous certificate, and if so, to whom; (y) any conveyance, transfer, pledge or encumbrance of any interest in Trustor has been made by Trustor and if so, to whom; or (z) there has been any change in the individual(s) comprising Trustor or in the partners, members, stockholders or beneficiaries of Trustor from those on the Execution Date (or after the date of the previous certificate, whichever is later), and if so, a description of such change or changes.
STATEMENTS REGARDING OWNERSHIP. Affiliated Guarantor agrees to submit or cause to be submitted to Beneficiary within thirty (30) days after December 3lst of each calendar year during the term of this Deed of Trust and ten (10) days after any written request by Beneficiary, a sworn, notarized certificate, signed by an authorized (i) individual who is Affiliated Guarantor or one of the individuals comprising Affiliated Guarantor, (ii) member of Affiliated Guarantor, (iii) partner of Affiliated Guarantor or (iv) officer of Affiliated Guarantor, as the case may be, stating whether (x) any part of the Property, or any interest in the Property, has been conveyed, transferred, assigned, encumbered, or sold, and if so, to whom; (y) any conveyance, transfer, pledge or encumbrance of any interest in Affiliated Guarantor has been made by Affiliated Guarantor and if so, to whom; or (z) there has been any change in the individual(s) comprising Affiliated Guarantor or in the partners, members stockholders or beneficiaries of Affiliated Guarantor from those on the Execution Date, and if so, a description of such change or changes.
STATEMENTS REGARDING OWNERSHIP. 21 ARTICLE XI - DEFAULTS AND REMEDIES
STATEMENTS REGARDING OWNERSHIP. 8.4.1 Borrower represents that as of the date hereof, the BPY/BAM Ownership and Control Criteria are satisfied. Borrower covenants that, notwithstanding anything to the contrary herein or in any other Loan Document, the Unsecured Indemnity or the Guaranty, except only after the occurrence of Transfer under Section 8.1.3 above, the BPY/BAM Ownership and Control Criteria at all times shall remain satisfied until the Loan has been fully and indefeasibly repaid.
8.4.2 Borrower agrees to submit or cause to be submitted to Lender within ten (10) days after any written request by Lender (but not more often than twice in any twelve month period), a certificate prepared by counsel and signed by Borrower stating that the BPY/BAM Ownership and Control Criteria are satisfied (or if not, stating that they are not), and briefly stating the material facts as to each entity in the chain of ownership between BPY and/or BAM and Borrower that are relevant to such conclusion. The level of detail in such certificate shall be substantially similar to the detail in the certificate with respect to the foregoing accepted by Lender in connection with the closing of the Loan.
8.4.3 Within ten (10) days after any written request by Lender, Borrower shall, subject to any limitations imposed by Provision 8.4.5, provide to Lender organizational documents for any of Borrower’s Constituents, to the extent Lender reasonably determines that such organizational documents are required to comply with law or to verify compliance with law (including, without limitation, the U.S. Patriot Act and limitations and requirements imposed by the U.S. Treasury Office of Foreign Assets Control).
8.4.4 Further, within ten (10) days after any written request by Lender, Borrower shall, subject to any limitations imposed by Provision 8.4.5, provide to Lender organizational documents for any of Borrower’s Constituents if: (i) the certificate described in this Section 8.4 is not delivered as and when required hereunder, or (ii) upon review of such certificate, Lender has reasonable questions regarding the ownership and control of Borrower or Liable Party, and such organizational documents are reasonably required to verify that no Transfer or change in control has occurred in violation of this Agreement; provided that in connection with the foregoing, so long as BPY and/or BAM retains Specially Defined Control of Borrower, Parking Sub and Liable Party, Lender shall not be entitled to receive organizational docum...
STATEMENTS REGARDING OWNERSHIP. 24 Section 10.05